Central Bank of Cyprus

The Central Bank of Cyprus is the central bank of the Republic of Cyprus, based in Nicosia.

The central bank was founded in 1963. Since 2008 she is part of the European System of Central Banks. Until the introduction of the euro, they had the monopoly on the issue of banknotes the currency Cyprus pound.

In March 2013 there was a crisis in Cyprus, see Euro crisis # Cyprus.

On March 10, 2014, the central bank chief Panicos Demetriades resigned; His resignation had been long awaited. The next day, the office of the Cypriot President Nikos Anastasiades said that the 58 -year-old economist Chrystalla Giorkatzi his successor is. According to state radio ( RIK ) they will take office on April 11.

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